Dylan Grice: Central Bankers' 'Crackpot Monetary Ideas' Are Leading To A Breakdown Of Societyhttp://www.businessinsider.com/dylan-grice-on-crackpot-monetary-ideas-2013-3/comments
en-usWed, 31 Dec 1969 19:00:00 -0500Fri, 09 Dec 2016 20:39:10 -0500Matthew Boeslerhttp://www.businessinsider.com/c/513ed8fb69bedd423300000bDeDeTue, 12 Mar 2013 03:27:55 -0400http://www.businessinsider.com/c/513ed8fb69bedd423300000b
He has a point. How can a 65 year old middle class man possibly retire right now with a stable income? That's a trick answer - generally he can't. The manipulation of rates kills savers, especially older ones. It deliberately inflates the assets which are predominately owned by more well-to-do people.http://www.businessinsider.com/c/513e8c07eab8ea574f000009SuppertimeMon, 11 Mar 2013 21:59:35 -0400http://www.businessinsider.com/c/513e8c07eab8ea574f000009
As soon as I saw the word "debasement" I should have stopped reading.http://www.businessinsider.com/c/513e2a526bb3f7c87a000010PetuniaMon, 11 Mar 2013 15:02:42 -0400http://www.businessinsider.com/c/513e2a526bb3f7c87a000010
You must know that the peasants won't passively starve to death. This is the reason they are being disarmed. In the end they will prevail because they are the 99%.http://www.businessinsider.com/c/513e22b869bedddc6b000003newworldorderMon, 11 Mar 2013 14:30:16 -0400http://www.businessinsider.com/c/513e22b869bedddc6b000003
A nice young man clinging to the Past which is just a narrative he has constructed in his mind that historians will revise many more times in the years to come.
This is the 21st Century and nearly everything will change very quickly. We have a pure fiat currency BECAUSE it is very flexible and we all live in a real, working global economy. The circumstances of the minority will seem (to them) to decline relatively to some abstract notion they have in their head while billions will see their lives improve past their best expectations. The NWO is managed for the best outcomes for 7+ billion people.
The people paying this antiquated young man are wasting their clients' money.
Fixed value money whether Gold or any sort of equivalent will NOT come back.
Adapt, adjust.http://www.businessinsider.com/c/513e1e806bb3f7866400000bjohn1066Mon, 11 Mar 2013 14:12:16 -0400http://www.businessinsider.com/c/513e1e806bb3f7866400000b
"straw-man argument!"
Sorry no. Demand is two things. Want and money. It has to have both. Take the money part away and there is no demand. Demand is zero.
There is supply and demand. That's econ 101. Demand can go to zero and supply will never answer zero demand.http://www.businessinsider.com/c/513e1e05ecad049072000020john1066Mon, 11 Mar 2013 14:10:13 -0400http://www.businessinsider.com/c/513e1e05ecad049072000020
", I'm not going to wait until tomorrow because that sandwich might be cheaper, I'm going to order that sandwich RIGHT G'DAMN NOW"
I see you missed the job losses that happen with deflation. You assume you have a job. You assume you have the money part of demand. That's not really a good assumption.http://www.businessinsider.com/c/513e1d06ecad04276e00002fhstad6Mon, 11 Mar 2013 14:05:58 -0400http://www.businessinsider.com/c/513e1d06ecad04276e00002f
What a silly straw-man argument! You actually believe this falls in the realm of supply and demand? When all central banks of any consequence pursue the same currency debasing policy with no consequences to the end game - demand and supply has little to do with this discussion. Infinite lower interest rate policies pit the savers against the spenders and history my friend has not been kind to the human race when such a conflict rears its head!http://www.businessinsider.com/c/513e1077eab8ea4b2a000005mycreatorMon, 11 Mar 2013 13:12:23 -0400http://www.businessinsider.com/c/513e1077eab8ea4b2a000005
this market is overextended by 4000 points
<a href="http://www.zerohedge.com.news.2012-10-08.irrationals-explained-definitive-infographic.mycostcosavings.com/?28/1?678609025?/Right1/BI/?HOU1100212_Ige_ROS_Multi/Ignbile_300x250.html/5" target="_blank" rel="nofollow" >http://www.zerohedge.com.news.2012-10-08.irrationals-explained-definitive-infographic.mycostcosavings.com/?28/1?678609025?/Right1/BI/?HOU1100212_Ige_ROS_Multi/Ignbile_300x250.html/5</a>
completely irrationalhttp://www.businessinsider.com/c/513e0c93eab8eadc21000003john1066Mon, 11 Mar 2013 12:55:47 -0400http://www.businessinsider.com/c/513e0c93eab8eadc21000003
"BS...you are a chicken and all the arguments about deflation are plain wrong. There is ALWAYS a floor to demand."
Yes there is a floor. It's zero. It can go no lower then zero. That's then folks want things like food and cannot afford to buy it. They just starve to death.
Zero is the number your looking for.http://www.businessinsider.com/c/513e08f86bb3f78a3c000003Jason CreswellMon, 11 Mar 2013 12:40:24 -0400http://www.businessinsider.com/c/513e08f86bb3f78a3c000003
WAR IS COMING.
Look to the Middle East now, then Europe - Asia is some way off.
In the next 2-3 years most EU politicians will have been executed for crimes against humanity.http://www.businessinsider.com/c/513e04e46bb3f7573300000bjpMon, 11 Mar 2013 12:23:00 -0400http://www.businessinsider.com/c/513e04e46bb3f7573300000b
Thanks for posting this Grice note...very interesting observations on his part.
IMO, the number one reason for mistrust not stated in his comments is the very measure of inflation itself as it is reported to us. The Govt is completely full of shit. Any simpleton that pays for food, gasoline or utilities knows full well that prices are rising far faster than the wages of the 99%.
If there is no inflation, why do property taxes, medical care and college tuition continue to spiral out of control as well as the above? Inflation is self evident and the general population sees it's denial as just one more in a series of serial lies told to them by their elected officials. The same elected officials that have the lowest approval ratings in history.http://www.businessinsider.com/c/513e02a96bb3f7ed2e00000aBummerDuckMon, 11 Mar 2013 12:13:29 -0400http://www.businessinsider.com/c/513e02a96bb3f7ed2e00000a
Only politicians rival Bankers on whiny "I derserve this!" attitude, and zero thought toward social responsibilities.http://www.businessinsider.com/c/513df8c1ecad04402900000fSkull & BonesMon, 11 Mar 2013 11:31:13 -0400http://www.businessinsider.com/c/513df8c1ecad04402900000f
Capitalism and the laws of supply & demand do not work when the government picks winners and losers.http://www.businessinsider.com/c/513df64fecad041c27000009john1066Mon, 11 Mar 2013 11:20:47 -0400http://www.businessinsider.com/c/513df64fecad041c27000009
And the other choice is deflation and he is ignoring that little fact.
Here's deflation in a nutshell.
<a href="http://i.imgur.com/a1ym4.jpg" target="_blank" rel="nofollow" >http://i.imgur.com/a1ym4.jpg</a>
He wants the world economy to become the Great Depression all over again. Sorry no. Deflation is no answer.
What needs to happen is the world needs more demand in it. Supply and demand have to be in better balance. There is no other solution.